Qleanair Holding AB (QAIR) - Net Assets
Based on the latest financial reports, Qleanair Holding AB (QAIR) has net assets worth Skr214.72 Million SEK (≈ $23.11 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr563.20 Million ≈ $60.61 Million USD) and total liabilities (Skr348.48 Million ≈ $37.50 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Qleanair Holding AB (QAIR) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr214.72 Million |
| % of Total Assets | 38.12% |
| Annual Growth Rate | 18.24% |
| 5-Year Change | 10.63% |
| 10-Year Change | N/A |
| Growth Volatility | 24.91 |
Qleanair Holding AB - Net Assets Trend (2016–2025)
This chart illustrates how Qleanair Holding AB's net assets have evolved over time, based on quarterly financial data. Also explore QAIR current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Qleanair Holding AB (2016–2025)
The table below shows the annual net assets of Qleanair Holding AB from 2016 to 2025. For live valuation and market cap data, see QAIR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr214.72 Million ≈ $23.11 Million |
+6.44% |
| 2024-12-31 | Skr201.72 Million ≈ $21.71 Million |
-6.31% |
| 2023-12-31 | Skr215.29 Million ≈ $23.17 Million |
+17.02% |
| 2022-12-31 | Skr183.98 Million ≈ $19.80 Million |
-5.21% |
| 2021-12-31 | Skr194.09 Million ≈ $20.89 Million |
+23.70% |
| 2020-12-31 | Skr156.91 Million ≈ $16.89 Million |
+60.53% |
| 2019-12-31 | Skr97.75 Million ≈ $10.52 Million |
+52.79% |
| 2018-12-31 | Skr63.98 Million ≈ $6.88 Million |
+44.69% |
| 2017-12-31 | Skr44.22 Million ≈ $4.76 Million |
-6.97% |
| 2016-12-31 | Skr47.53 Million ≈ $5.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qleanair Holding AB's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14360300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr122.75 Million | 57.17% |
| Common Stock | Skr7.43 Million | 3.46% |
| Other Comprehensive Income | Skr-36.36 Million | -16.93% |
| Other Components | Skr120.89 Million | 56.30% |
| Total Equity | Skr214.72 Million | 100.00% |
Qleanair Holding AB Competitors by Market Cap
The table below lists competitors of Qleanair Holding AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Biokarpet S.A.
AT:BIOKA
|
$42.22 Million |
|
Anson Resources Limited
F:9MY
|
$42.22 Million |
|
Terramin Australia Ltd
AU:TZN
|
$42.24 Million |
|
Lion One Metals Limited
V:LIO
|
$42.26 Million |
|
Lotte Chilsung Beverage Co Ltd
KO:005305
|
$42.19 Million |
|
374Water Inc. Common Stock
NASDAQ:SCWO
|
$42.14 Million |
|
3I Infrastructure PLC
LSE:3IN
|
$42.14 Million |
|
Nirvana Daii Public Company Limited
BK:NVD
|
$42.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qleanair Holding AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 201,720,000 to 214,719,000, a change of 12,999,000 (6.4%).
- Net income of 27,890,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 14,882,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr27.89 Million | +12.99% |
| Other Comprehensive Income | Skr-14.88 Million | -6.93% |
| Other Changes | Skr-9.00K | -0.0% |
| Total Change | Skr- | 6.44% |
Book Value vs Market Value Analysis
This analysis compares Qleanair Holding AB's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.25x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr3.20 | Skr26.40 | x |
| 2017-12-31 | Skr2.98 | Skr26.40 | x |
| 2018-12-31 | Skr4.81 | Skr26.40 | x |
| 2019-12-31 | Skr6.58 | Skr26.40 | x |
| 2020-12-31 | Skr10.47 | Skr26.40 | x |
| 2021-12-31 | Skr12.87 | Skr26.40 | x |
| 2022-12-31 | Skr12.08 | Skr26.40 | x |
| 2023-12-31 | Skr13.62 | Skr26.40 | x |
| 2024-12-31 | Skr12.78 | Skr26.40 | x |
| 2025-12-31 | Skr13.68 | Skr26.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qleanair Holding AB utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.62x
- Recent ROE (12.99%) is below the historical average (15.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.41% | 0.96% | 0.62x | 10.91x | Skr-1.70 Million |
| 2017 | -4.39% | -0.58% | 0.61x | 12.40x | Skr-6.36 Million |
| 2018 | 52.13% | 8.18% | 0.70x | 9.16x | Skr26.96 Million |
| 2019 | -7.69% | -1.65% | 0.76x | 6.17x | Skr-17.30 Million |
| 2020 | 42.70% | 13.59% | 0.84x | 3.73x | Skr51.31 Million |
| 2021 | 30.53% | 13.15% | 0.74x | 3.15x | Skr39.85 Million |
| 2022 | 7.22% | 2.92% | 0.70x | 3.52x | Skr-5.11 Million |
| 2023 | 20.14% | 8.61% | 0.76x | 3.08x | Skr21.84 Million |
| 2024 | -0.71% | -0.32% | 0.71x | 3.13x | Skr-21.61 Million |
| 2025 | 12.99% | 6.13% | 0.81x | 2.62x | Skr6.42 Million |
Industry Comparison
This section compares Qleanair Holding AB's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $259,590,000
- Average return on equity (ROE) among peers: -13.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qleanair Holding AB (QAIR) | Skr214.72 Million | 6.41% | 1.62x | $42.22 Million |
| Absolent Group AB (ABSO) | $530.04 Million | 18.53% | 1.75x | $221.12 Million |
| Bawat Water Technologies AB (BAWAT) | $-20.22 Million | 0.00% | 0.00x | $10.07 Million |
| Munters Group AB (MTRS) | $495.00 Million | -3.64% | 15.18x | $3.93 Billion |
| Saxlund Group AB (SAXG) | $33.53 Million | -67.72% | 1.67x | $9.84 Million |
About Qleanair Holding AB
QleanAir AB (publ) provides air cleaning solutions for indoor environments in Sweden and internationally. It offers freestanding air cleaners for professional environments; freestanding smoking cabins for protection against secondhand smoke; and freestanding room-within-a-room turnkey cleanroom solutions under the QleanAir and QleanSpace names. The company's solutions are used in warehouses and l… Read more